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Futures prop firm

TradeDay review

Chicago futures prop firm selling monthly Quick Pay and Fast Pass evaluations from $25K to $150K.

Founded
2020 (6 years)
Headquarters
Chicago, United States
CEO
James Thorpe
Max funding
$750K
Profit split
Up to 90%
Programs
1-step

Trading permissions

  • NewsAllowed with limits
  • EAsAllowed with limits
  • CopyAllowed with limits
  • OvernightNot allowed
  • WeekendNot allowed

Overview

TradeDay is a Chicago futures prop firm founded in 2020 by James Thorpe, its CEO, and Steve Miley, and registered in Illinois with a presence in the UK. It sells monthly evaluation subscriptions in 25K, 50K, 100K and 150K sizes on two paths: Quick Pay, with a 5-day minimum, a 30% consistency rule and payouts from the first funded day, and Fast Pass, with a 3-day minimum, a 45% consistency rule and payouts after every five profitable days. There are no activation fees. Quick Pay Funded Sim payouts are split 50/50 below $4,000 of profit and 80/20 above it, Fast Pass payouts are split 80/20, and traders who are moved to a Funded Live account keep 90%. Positions must be flat 10 minutes before the close, and tier 1 data releases such as CPI and FOMC cannot be traded.

What you trade
Futures: Indices, Forex, Interest rates, Energy, Metals, Agriculture
Featured challenge
Quick Pay (Intraday), $50K for $131
Accounts on offer
12 across 3 programs

PropFirmly score

7.0/10
Trader reputation 25%
8.0
Trustpilot 4.6 from 1,452 reviews.
Track record 20%
7.5
6 years in operation.
Payout terms 20%
7.5
Profit split up to 90%.
Pricing 15%
5.6
Featured challenge costs less than the futures median per $100K.
Rule flexibility 12%
3.0
News, EAs, copy trading, overnight and weekend holding.
Platform choice 8%
10.0
13 trading platforms.

Weights and formulas are on the methodology page.

TradeDay challenges

All 12 account options. Prices are list prices before discounts, in the currency TradeDay charges.

Challenges 12

How we check and rank firmsChecked 25 October 2026
TradeDay challenges
Loss limitsBuy
$25K1 StepQuick Pay (Intraday)6%1.50× loss4% maxNo daily limit · Intraday trailing50%to 90%Daily, from the first funded day$45$100/mo$400 per $100KBuy
$25K1 StepQuick Pay (EOD)6%1.50× loss4% maxNo daily limit · End-of-day trailing50%to 90%Daily, from the first funded day$54$120/mo$480 per $100KBuy
$25K1 StepFast Pass6%1.50× loss4% maxNo daily limit · End-of-day trailing80%to 90%Every 5 profitable days$58.50$130/mo$520 per $100KBuy
$50K1 StepQuick Pay (Intraday)6%1.50× loss4% maxNo daily limit · Intraday trailing50%to 90%Daily, from the first funded day$58.95$131/mo$262 per $100KBuy
$50K1 StepQuick Pay (EOD)6%1.50× loss4% maxNo daily limit · End-of-day trailing50%to 90%Daily, from the first funded day$78.75$175/mo$350 per $100KBuy
$50K1 StepFast Pass6%1.50× loss4% maxNo daily limit · End-of-day trailing80%to 90%Every 5 profitable days$85.05$189/mo$378 per $100KBuy
$100K1 StepQuick Pay (Intraday)6%2.00× loss3% maxNo daily limit · Intraday trailing50%to 90%Daily, from the first funded day$108$240/mo$240 per $100KBuy
$100K1 StepQuick Pay (EOD)6%2.00× loss3% maxNo daily limit · End-of-day trailing50%to 90%Daily, from the first funded day$128.25$285/mo$285 per $100KBuy
$100K1 StepFast Pass6%2.00× loss3% maxNo daily limit · End-of-day trailing80%to 90%Every 5 profitable days$157.50$350/mo$350 per $100KBuy
$150K1 StepQuick Pay (Intraday)6%2.00× loss3% maxNo daily limit · Intraday trailing50%to 90%Daily, from the first funded day$162$360/mo$240 per $100KBuy
$150K1 StepQuick Pay (EOD)6%2.00× loss3% maxNo daily limit · End-of-day trailing50%to 90%Daily, from the first funded day$180$400/mo$267 per $100KBuy
$150K1 StepFast Pass6%2.00× loss3% maxNo daily limit · End-of-day trailing80%to 90%Every 5 profitable days$238.50$530/mo$353 per $100KBuy

Target ÷ loss is the total profit target divided by the max loss limit. Lower means less profit is needed for each unit of risk. Prices are list prices; "Apply discount" takes off the firm's current public code, which may not cover every program. Per $100K converts EUR and GBP at a fixed rate for ranking only. Buy links go to the firm's site; some are affiliate links (PropFirmly may earn a commission).

Quick Pay (Intraday)

1-step
Account sizes
$25K to $150K
Price
$100 to $360 a month
Drawdown
Intraday trailing
Profit split
50%, up to 90%
Payouts
Daily, from the first funded day
Minimum trading days
5
Time limit
None; the subscription renews every 30 days until passed or cancelled
Fee refunded
No
  • The drawdown trails the highest intraday balance, open profit included, and stops trailing once it reaches the starting balance.
  • In Funded Sim a payout can be requested after one trading day from any positive balance, with no buffer and a $250 minimum.
  • The split is set per account: 50/50 while current profit is under $4,000, 80/20 on the part of a payout that leaves more than $4,000 in profit, and 90/10 in Funded Live.
  • The Funded Sim drawdown is based on gross profit (balance plus payouts), so payouts do not pull it back down.
  • Each Funded Sim account is paused and reviewed for Funded Live at $10,000 of gross profit; profit above that level is removed and cannot be paid out.
  • Resets are listed on the pricing table at $45, $59, $108 and $162, while the help centre lists $45, $59, $96 and $144. A failed evaluation is reset free when the subscription renews.

Quick Pay (EOD)

1-step
Account sizes
$25K to $150K
Price
$120 to $400 a month
Drawdown
End-of-day trailing
Profit split
50%, up to 90%
Payouts
Daily, from the first funded day
Minimum trading days
5
Time limit
None; the subscription renews every 30 days until passed or cancelled
Fee refunded
No
  • The evaluation drawdown is calculated from the end-of-day balance but enforced in real time; after passing, the Funded Sim account switches to an intraday trailing drawdown.
  • Funded Sim payout rules, profit split tiers and the $10,000 gross-profit review are the same as Quick Pay (Intraday).
  • Resets cost $54, $79, $129 or $180, and a failed evaluation is reset free when the subscription renews.

Fast Pass

1-step
Account sizes
$25K to $150K
Price
$130 to $530 a month
Drawdown
End-of-day trailing
Profit split
80%, up to 90%
Payouts
Every 5 profitable days
Minimum trading days
3
Time limit
None; the subscription renews every 30 days until passed or cancelled
Fee refunded
No
  • Added with TradeDay 2.0. The end-of-day drawdown is kept in the Funded Sim account.
  • Funded Sim contract limits start at 1, 2, 3 or 4 minis and rise by one for each $2,000 of end-of-day profit; the 25K account is capped at 2.
  • Each payout needs five profitable days of at least $100, $150, $200 or $250, a balance above the starting balance and net profit since the last payout, with a $250 minimum request.
  • For accounts opened from 26 July 2026, payouts are capped at 50% of the balance and at $750, $1,500, $1,875 or $2,250 per request; the 100K cap appears as $1,850 in one help article.
  • On the first payout the drawdown moves up to the starting balance and stays there.
  • Accounts move to Funded Live at the fifth payout request, or earlier at TradeDay's discretion.
  • Resets are listed on the pricing table at $65, $95, $175 and $265 ($165 and $250 for 100K and 150K in the help centre), and a failed evaluation is reset free when the subscription renews.

Trading rules

What TradeDay lets you do on its accounts, taken from its rules and FAQ pages.

  • News trading

    Allowed with limits

    Open positions are closed two minutes before TradeDay's tier 1 releases (FOMC, CPI, NFP, EIA inventories, crop reports) and trading reopens two minutes after; deliberate breaches can cost the account.

  • Expert advisors

    Allowed with limits

    A trader's own automated system can run on NinjaTrader, Tradovate, TradingView, Jigsaw or Quantower, but bots bought from third parties, API access and very high-frequency scalping systems are not allowed.

  • Copy trading

    Allowed with limits

    Copiers may link 2 to 10 Evaluation and Funded Sim accounts, or up to 5 Funded Live accounts, and may copy from the trader's own outside accounts; copying between Funded Live and other account types is not allowed.

  • Overnight holding

    Not allowed

    All positions must be closed 10 minutes before the product's daily close; TradeDay's automatic liquidation runs at 3:50 PM CT.

  • Weekend holding

    Not allowed

    Positions cannot be carried through the daily close, so none can be held over the weekend.

Rules to read before you buy

  • Up to 10 accounts at once, with at most 5 active Funded Sim and 5 Funded Live accounts; further passed evaluations wait in a queue.
  • All of a trader's accounts must use the same broker connection (Tradovate or Rithmic), and only one username and one trader per household are allowed.
  • Funded traders may not trade within 2% of a product's daily price limit.
  • VPS use is not allowed, and VPN or IP-masking users must switch them off for security checks at payouts and before Funded Live.
  • Purchased bots, spoofing and layering, trading on a slow external data feed and exploiting simulated fills are prohibited, and profits made that way are confiscated.
  • Accidental breaches of the permitted times, products and position limits do not fail an account, but repeated abuse does.
  • German citizens and Canadians outside Ontario can trade Funded Sim accounts but cannot move to Funded Live.
  • Funded Live traders pay CME professional data fees of $156 per exchange per month plus live commissions.

Inactivity: Accounts left dormant for 30 days may be offboarded, and Tradovate archives an account after a calendar month without a login, which counts as a failed account.

How the drawdown works

Intraday trailing (Quick Pay (Intraday))
The loss limit follows your highest intraday equity in real time, including open profit that you later give back.
End-of-day trailing (Quick Pay (EOD), Fast Pass)
The loss limit moves up once a day, based on your end-of-day balance, and ignores swings during the session.

Consistency rules

Quick Pay (Intraday)
Evaluation: no day above 30% of total profit, or the target rises; none in Funded Sim
Quick Pay (EOD)
Evaluation: no day above 30% of total profit, or the target rises; none in Funded Sim
Fast Pass
No day above 45% of total profit in the evaluation and, for accounts opened from 26 July 2026, in Funded Sim

Leverage and fees

Leverage

Leverage is not published.

Commissions

TradeDay commissions
E-mini index futures (ES, NQ, RTY, YM)$2.88 per side, including brokerage, NFA, clearing and exchange fees
Micro index futures (MES, MNQ, M2K, MYM)$0.95 per side
Currency futures$3.10 per side for standard contracts; $0.84 for M6E
Treasury futures$2.15 to $2.45 per side
Energy futures$3.00 per side for CL, $3.10 for NG, $1.10 for MCL
Metal futures$3.10 per side for GC, SI, HG and PL; $1.20 for MGC
Agricultural futures$3.60 per side

Payouts

Full TradeDay payout guide
Profit split
Quick Pay Funded Sim: 50/50 below $4,000 of current profit and 80/20 above it. Fast Pass Funded Sim: 80/20. Funded Live: 90/10 on both paths.
How often
Quick Pay: any time the Funded Sim balance is positive, from the first trading day. Fast Pass: after every five qualifying profitable days. Requests made before 5:30 PM CT are processed within one business day.
First payout
Quick Pay: after one day of trading with a positive balance. Fast Pass: after five profitable days that meet the size minimum and, for accounts opened from 26 July 2026, the 45% consistency rule.
Minimum withdrawal
$250 per request.
  • Payouts are made through Rise by bank wire (free in the US, $15 internationally) or crypto ($2.50 plus gas on layer 1, free on layer 2).
  • Quick Pay Funded Sim accounts are reviewed for Funded Live at $10,000 of gross profit; Fast Pass accounts move to Funded Live at the fifth payout request.
  • Funded Live accounts start at a $0 balance and a buffer must be built before withdrawals, for example $2,000 on a 50K Fast Pass account with $500 kept back for slippage.
  • Quick Pay profit carried into Funded Live is paid at 50% up to the required buffer and 90% above it.
  • Losing a Funded Live account starts a three-month wait before new evaluations can be bought.
  • The monthly subscription stops on the day a trader is funded, and there is no activation fee.

Ways to get paid

  • Rise
  • Bank wire
  • Crypto

Scaling plan

Fast Pass Funded Sim accounts start with a reduced contract limit that grows by one contract for each $2,000 of end-of-day profit; Quick Pay Funded Live limits are set from the balance carried over.

  • Fast Pass Funded Sim starts at 1 (25K), 2 (50K), 3 (100K) or 4 (150K) minis, with the 25K account capped at 2.
  • Fast Pass Funded Live accounts keep the starting limits, and any increase is at the trading team's discretion.
  • Quick Pay Funded Live allows 2, 3 or 4 minis for carried balances of up to $3,000, $6,000 or $10,000, with slippage limits of $500, $750 or $1,000.

Platforms and payments

Trading platforms

  • Tradovate
  • NinjaTrader
  • TradingView
  • Jigsaw Daytradr
  • Rithmic
  • R|Trader Pro
  • Quantower
  • ATAS
  • MotiveWave
  • Bookmap
  • Sierra Chart
  • WealthCharts
  • MultiCharts

Markets

  • Indices
  • Forex
  • Interest rates
  • Energy
  • Metals
  • Agriculture

Pay for a challenge with

  • Credit or debit card
  • PayPal
  • Apple Pay
  • Google Pay

Who can sign up

TradeDay accepts traders from the United States. It lists 80 restricted countries.

Show restricted countries
  • Afghanistan
  • Albania
  • Algeria
  • Angola
  • Barbados
  • Belarus
  • British Virgin Islands
  • Bosnia and Herzegovina
  • Botswana
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cameroon
  • Cayman Islands
  • Central African Republic
  • Cote d'Ivoire
  • Croatia
  • Cuba
  • North Korea
  • Democratic Republic of the Congo
  • Ecuador
  • Ethiopia
  • Ghana
  • Gibraltar
  • Guam
  • Guyana
  • Haiti
  • Iceland
  • Indonesia
  • Iran
  • Iraq
  • Jamaica
  • Jordan
  • Kosovo
  • Laos
  • Lebanon
  • Liberia
  • Libya
  • Macedonia
  • Mali
  • Malta
  • Mauritius
  • Monaco
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Myanmar (Burma)
  • Namibia
  • Nepal
  • Nicaragua
  • Nigeria
  • Pakistan
  • Panama
  • Papua New Guinea
  • Palestine
  • Philippines
  • Puerto Rico
  • Romania
  • Russia
  • Senegal
  • Serbia
  • Slovenia
  • Somalia
  • South Africa
  • South Sudan
  • Sri Lanka
  • Sudan
  • Syria
  • Tanzania
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Uganda
  • Ukraine
  • US Virgin Islands
  • Venezuela
  • Vietnam
  • Yemen
  • Zimbabwe

More about TradeDay

Compare TradeDay

TradeDay appears on these lists

Keep researching

How TradeDay's rules work

More futures research

Sources

We checked these pages on or before 25 October 2026. Firms change their terms often, so confirm the details on TradeDay's site before you pay.

Spotted something out of date? Send a correction.

TradeDay questions

How much does a TradeDay challenge cost?

List prices run from $100 for the $25K Quick Pay (Intraday) account to $530 for the $150K Fast Pass account a month, before any discount.

What profit split does TradeDay pay?

Quick Pay Funded Sim: 50/50 below $4,000 of current profit and 80/20 above it. Fast Pass Funded Sim: 80/20. Funded Live: 90/10 on both paths.. The highest split across its programs is 90%.

How often does TradeDay pay out?

Quick Pay: any time the Funded Sim balance is positive, from the first trading day. Fast Pass: after every five qualifying profitable days. Requests made before 5:30 PM CT are processed within one business day.. First payout: Quick Pay: after one day of trading with a positive balance. Fast Pass: after five profitable days that meet the size minimum and, for accounts opened from 26 July 2026, the 45% consistency rule..

Does TradeDay allow news trading?

Allowed with limits. Open positions are closed two minutes before TradeDay's tier 1 releases (FOMC, CPI, NFP, EIA inventories, crop reports) and trading reopens two minutes after; deliberate breaches can cost the account.

Can I use expert advisors (EAs) with TradeDay?

Allowed with limits. A trader's own automated system can run on NinjaTrader, Tradovate, TradingView, Jigsaw or Quantower, but bots bought from third parties, API access and very high-frequency scalping systems are not allowed.

Does TradeDay accept traders from the United States?

Yes. TradeDay's terms allow US residents to sign up. It does restrict 80 other countries, listed on this page.

Which platforms can I trade on with TradeDay?

Tradovate, NinjaTrader, TradingView, Jigsaw Daytradr, Rithmic, R|Trader Pro, Quantower, ATAS, MotiveWave, Bookmap, Sierra Chart, WealthCharts, MultiCharts.

How long has TradeDay been operating?

TradeDay was founded in 2020 and is based in Chicago, United States. Its CEO is James Thorpe.

Still have a question?

Ask about a firm, a rule or a number that looks wrong. A link to the firm's own page helps us re-check it quickly.

support@propfirmly.comContact page

Last checked 25 October 2026.